This Was the Plan: UAE Exit From OPEC Marks Corporate Capture of Global Oil: As Conflict Destabilizes The Region, The Collapse Of Collective Control Hands Unprecedented Leverage To U.S. Power And Energy Giants
ScheerPost Staff The war on Iran isn’t just redrawing battle lines—it’s ripping apart the architecture of global energy itself. In a stunning move, the United Arab Emirates has announced it…
Event With Links to Oil Industry Teaches Judges “Healthy Skepticism” of Climate Science
Abrahm Lustgarten for Propublica For many months, conservative lawmakers and political operatives have been targeting the scientists and lawyers behind the Climate Judiciary Project, a program meant to educate the…
Oil, Empire, and the Price of War: How Energy Became the Ultimate Weapon
Joshua Scheer This war isn’t just being fought with missiles—it’s being waged through oil markets, currencies, and corporate balance sheets. And while the world watches bombs fall, something quieter—and far…
War Chokes the Food Chain: Hormuz Crisis Threatens Global Hunger Shock
UN officials warn that the U.S.–Iran conflict and the shutdown of the Strait of Hormuz are triggering a fertilizer collapse that could ripple into food shortages, soaring prices, and mass…
Big Oil Cashed In While War Sent Prices Soaring
ScheerPost Staff It’s All About The Oil As ordinary people paid more at the pump, fossil fuel executives were cashing out. A new analysis reported by The Wall Street Journal…
Burning Oil, Narrow Waters: The Tanker Strike That Brings Gulf War Danger to the Surface
ScheerPost Staff The fire on the Kuwaiti supertanker Al-Salmi off Dubai is more than another war headline—it is the kind of event that turns elite military brinkmanship into immediate global…
The Strait, the Dollar and the Limits of Empire
Joshua Scheer What is unfolding around Iran is not simply another regional war—it is the latest violent convulsion of an empire trying to preserve a crumbling order through force. Washington’s…
Imperial Decline in the Straits of Hormuz
The Iran War as America’s Very Own Suez Crisis By Alfred McCoy for TomDispatch In the first chapter of his 1874 novel The Gilded Age, Mark Twain offered a telling…
Iran’s Samson Option: Gulf Oil Reprisals for Kharg Would Crash the World Economy
Juan Cole for Informed Comment President Donald J. Trump threatened Friday to destroy Iran’s major oil terminal on Kharg Island if Tehran continued to obstruct shipping through the Strait of…
As His Iran War Drives Up Oil Prices, Trump Orders Restart of California Offshore Drilling
Olivia Rosane for Common Dreams State leaders and environmental advocates responded with outrage after the Trump administration on Friday ordered the restarting of a California pipeline that caused one of…
Trump Energy Chief Accused of Manipulating Oil Markets With Deleted Post About Strait of Hormuz
Jake Johnson for Common Dreams US Energy Secretary Chris Wright, a former fracking executive, was accused on Tuesday of manipulating global markets after he posted a striking claim on social…
Trump set off a Bomb in the Cockpit of the World Economy; Does Global Recession Loom?
Juan Cole for Informed Comment Oil prices hit $120 early Monday morning in Asia, for the first time since the initial shock of the Russian invasion of Ukraine in 2022.…
Iran war described as ‘biggest opportunity’ at US oil lobby’s DC summit
By Max Blumenthal for the Grazyzone An attendee told The Grayzone that oil industry heavyweights were less excited about Trump’s Venezuela policy, privately complaining about the President’s aggressive push to…
In Gift to Big Oil Donors, Trump Stops EPA From Combating ‘Most Terrible Environmental Threat in Human History
By Stephen Prager for Common Dreams In what the Sierra Club described as an act to “formalize climate denialism as official government policy,” the Trump administration announced Thursday that it…